4Stone Capital Rebrands, Expands into Agriculture, Mining, and Real Estate
4Stone Capital Limited has unveiled a new brand identity and diversified its operations, expanding into agriculture, insurance, mining, and real estate, marking a significant shift from its original focus on financial services.
The company’s Managing Director, Dr Elizabeth Kings-Wali, made the announcement during the Business Summit and New Identity Launch in Lagos.
The rebranding reflects the company’s broader focus, as it seeks to provide comprehensive, end-to-end services across various sectors.
Dr Kings-Wali explained that this strategic diversification aims to enhance the company’s ability to serve a wider market while positioning 4Stone Capital as a leading player in infrastructure services.
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To support its expansion, the company plans to increase its capital base by 800 per cent. “We will inject new capital into our operations, enabling us to enter capital-intensive sectors like mining, agriculture, and real estate,” Dr. Kings-Wali said, highlighting the importance of robust financial backing in these industries.
Dr. Kings-Wali also urged businesses to adopt a more inward-focused approach given the dynamic business environment shaped by government policies and economic factors. She noted that measures by the Central Bank of Nigeria have helped stabilise the foreign exchange market, stressing the importance of backward integration for business sustainability in the current landscape.
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Dr. Muhammad Dantoro, Chairman of 4Stone Capital, praised the rebranding from Blackstone Capital to 4Stone Capital as a bold move signalling a new phase of growth and innovation. He commended Dr. Kings-Wali for her perseverance in growing the company from its inception five years ago into a thriving institution.
The keynote speaker, Prof. Steve Azaiki, addressed the theme “Innovating Finance: Unlocking Growth and Opportunities in Nigeria’s Emerging Economy,” emphasising the crucial role of financial innovation in driving Nigeria’s economic growth.
Azaiki highlighted the country’s potential as a business hub, pointing to emerging financial technologies, digital banking solutions, and alternative financing models as key enablers of economic development and financial inclusion.
He added that Nigeria’s economic growth hinges on overcoming challenges like structural inefficiencies, inflation, and limited access to capital, with financial technologies offering unprecedented opportunities to reshape the financial landscape and accelerate development.
The launch event, attended by public and private sector stakeholders, financial services professionals, and traditional rulers, saw expressions of support and commitment to the rebranded company’s mission and future success.
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